Housing Wire

FEBRUARY 26, 2024

The homebuilders only have 80,000 completed new homes for sale — in a country of over 336 million people with more than 157 million people working. Why so low? Well, builders are in business to make money, they’re not a charity. It’s not the safest business model either because builders take a contract to buy a home and then, from start to finish, hope that mortgage rates don’t jump on the buyer by the time the home is ready.

Construction 532

Construction Business Contracts Marketing 532

Real Estate News

FEBRUARY 26, 2024

Sales of new homes rose in January and inventory remained robust. Median prices were up even as some builders continue to offer buyer incentives.

Inventory 317

Inventory Buyers 317

Housing Wire

FEBRUARY 26, 2024

The cost of owning a condominium in Florida has shot up significantly in recent months, prompting a wave of homeowners to offload their properties. The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. The average cost of a policy increased 40% in 2023 alone, according to a report by Redfin.

HOA 501

HOA Law Insurance New Listings 501

Inman

FEBRUARY 26, 2024

Above-average prices, buyer demand, a fast market pace and lower competition make April the perfect blend for a springtime boom.

Buyers 197

Buyers Marketing 197

Housing Wire

FEBRUARY 26, 2024

Price reductions ticked up this week for the first time since November in the face of rising mortgage rates. Inventory is rising across the country as home-buying affordability takes another hit. The pace of sales inched down, too. We can see the impact of higher mortgage rates slowing homebuyer demand. As demand slows, inventory grows. Last year at this time, we were seeing surprising home buyer demand with rates having fallen to the low 6s.

Sellers 468

Sellers Inventory New Listings Contracts 468

Inman

FEBRUARY 26, 2024

Learn how to boost your marketing by understanding today's home buyers and sellers, their motivations and desired home features.

Sellers 193

Sellers Buyers Marketing 193

Inman

FEBRUARY 26, 2024

Discover Offerpad, founded by a former agent with firsthand experience, providing innovative and customized solutions for sellers and buyers nationwide for fast, convenient real estate transactions.

Agents 193

Agents Real Estate Sellers Buyers 193

Housing Wire

FEBRUARY 26, 2024

The U.S. Department of Housing and Urban Development (HUD) on Monday announced new agreements between HUD, the Environmental Protection Agency (EPA), the U.S. Department of Health and Human Services (HHS) and the Centers for Disease Control and Prevention (CDC) to manage dangerous exposures to lead. One of the memorandums of understanding (MOUs) “expands, updates, and reaffirms” a previous 1997 agreement between the EPA and HUD to coordinate enforcement efforts related to lead-based paint hazard

Development 468

Development Inventory Real Estate 468

Inman

FEBRUARY 26, 2024

Ahead of his first Family Reunion since returning to Keller Williams as CEO, Mark Willis shared his excitement with Inman — and his call for a return to the basics amid a housing market in flux.

Housing Market 191

Housing Market Marketing Brokerage 191

Housing Wire

FEBRUARY 26, 2024

New-home sales reached a seasonally adjusted annual rate of 661,000 in January, according to data published Monday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development ( HUD ). While this figure represents a 1.5% increase from the revised December rate of 651,000, it falls slightly below market expectations. It also marked a 1.8% rise from the January 2023 pace of 649,000 units sold.

Construction 459

Construction Development Housing Market Government 459

Inman

FEBRUARY 26, 2024

Buyer demand is still robust, but affordability challenges can make it harder for clients to qualify for financing, Luke Babich writes. Here's how to help.

Clients 190

Clients Finance Mortgage Buyers 190

Housing Wire

FEBRUARY 26, 2024

Real estate platform Livian has recently acquired four additional teams to bolster its roster to a total of 61 teams. Livian now has teams in 27 states, amounting to more than 475 agents nationwide. “We’re bringing together the best minds in the industry to elevate our services and redefine the future of real estate,” Adam Hergenrother, CEO of Livian, said in a statement.

Real Estate 457

Real Estate Real Estate Agent Human Resources Agents 457

Inman

FEBRUARY 26, 2024

New-home sales improved across the board in January, according to the U.S. Census Bureau and the Department of Housing and Urban Development on Monday. New-home sales, which include when a homebuyer makes a deposit or signs a sales agreement, increased 1.8 percent year-over-year to a seasonally adjusted rate of 661,000. Sales are also 1.5 percent above December's revised rate of 651,000.

Development 187

Development Marketing 187

Housing Wire

FEBRUARY 26, 2024

Mortgage originators who seek success in 2024 need to move with confidence and adaptability. To reach strategic goals for the year ahead — and avoid being left behind — here are four strategies for originators to consider. 1. Identify potential market impact The mortgage market is feast or famine, with origination volumes varying between high and low extremes.

Mortgage 456

Mortgage Clients Real Estate Agent Real Estate 456

Inman

FEBRUARY 26, 2024

The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245 million to $285 million in revenue and achieve positive adjusted earnings later this year.

Agents 187

Agents 187

Housing Wire

FEBRUARY 26, 2024

Upon examining the financial performance across various gross revenue categories, 2023 reveals a distinctive pattern in net operating percentages as they relate to increasing revenue levels, according to the Streamlined Quarterly Team Benchmarking Report , which looked at the financial performance of more than 200 teams across the nation. This report covers the Q4 2023 and the year at a glance.

Business 452

Business Real Estate Clients Agents 452

Inman

FEBRUARY 26, 2024

Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital. It's using Wefunder to reach $15 million total.

Investors 186

Investors Finance Realtors Lending 186

Housing Wire

FEBRUARY 26, 2024

Top 10 mortgage lender and servicer Newrez sued one of its former executives over multiple allegations, including breach of contract, disclosure of confidential information and unfair competition tied to soliciting several Newrez executives to join a competing lender. OneTrust Home Loans , a direct competitor of Newrez’s retail mortgage business, conspired with James Hecht, former Newrez executive vice president for national retail lending, to orchestrate the termination of several Newrez execut

Retail 448

Retail Legal Lending Business 448

Inman

FEBRUARY 26, 2024

Approximately 28 percent of brokerage leaders believe "recruiting and retaining talent" will be their most challenging responsibility one year from now, according to results from the Inman Intel Index survey.

Brokerage 184

Brokerage Lending Agents Mortgage 184

Housing Wire

FEBRUARY 26, 2024

Reverse mortgage loan originators all seem to agree that 2024 is off to a better overall start in business than a tepid 2023 might suggest. This is also an adage that is holding true in some of the nation’s more expensive housing markets including California , Florida and Washington State , according to reverse mortgage professionals in these areas that spoke with RMD.

Marketing 447

Marketing Business Clients Training 447

Inman

FEBRUARY 26, 2024

Under Daniel Heider's leadership, the HEIDER team boasts a global audience of more than 3.9 million across their various channels, making them the most-followed real estate practice group on social media.

Real Estate 183

Real Estate 183

Housing Wire

FEBRUARY 26, 2024

CoreLogic promoted Kevin Greene to the role of executive general manager of its real estate business segment, the company announced on Monday. In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. Greene will report to Devi Mateti, president of the enterprise digital solutions team.

Real Estate 447

Real Estate Business Real Estate Agent Clients 447

Inman

FEBRUARY 26, 2024

NYC Compass broker Jaime Richichi is taking her talents to Sotheby's International Realty. Richichi's home base will be SIR's East Side Manhattan brokerage; however, she's also licensed to serve clients at the brokerage's East Hampton and William Pitt offices.

Realty 183

Realty Brokerage Clients Real Estate 183

Housing Wire

FEBRUARY 26, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Real estate marketing isn’t just about posting a few property listings and hoping for the best. It’s a multifaceted strategy that encompasses branding, lead generation, social media management, content creation and more.

Real Estate 344

Real Estate Business Real Estate Agent Marketing 344

Inman

FEBRUARY 26, 2024

Should you tough it out at your current brokerage or risk the unknown by leaving? Milena Monet shares questions to ask yourself to decide.

Brokerage 183

Brokerage Agents 183

Eyes on Housing

FEBRUARY 26, 2024

Stable mortgage rates at the beginning of 2024 helped new home sales to increase in January. Sales of newly built, single-family homes in January increased 1.5% to a 661,000 seasonally adjusted annual rate from a downwardly revised reading in December, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S.

Development 167

Development Mortgage Construction 167

Inman

FEBRUARY 26, 2024

Kiavi upsizes its 16th securitization to $350 million and says largest deal since November 2021 brings total issuance since 2019 to $4 billion.

Investors 180

Investors Investing Mortgage 180

BiggerPockets

FEBRUARY 26, 2024

Before I begin, I am not an economist. I don’t study the jobs report, watch the Dow, or follow economic TikTok accounts.

Housing Market 94

Housing Market Real Estate Marketing 94

Inman

FEBRUARY 26, 2024

Luxury consultant Chris Pollinger helps you discover how AI is revolutionizing real estate marketing, empowering introverts to shine and reshaping professional dynamics.

Real Estate 179

Real Estate Marketing Brokerage Agents 179

BiggerPockets

FEBRUARY 26, 2024

In 2005, I decided to start an investor services business. I reviewed all the popular investing literature. What I found were self-professed experts offering opinions and no processes.

Investing 92

Investing Retail Investors Business 92

Mortgagebroker News

FEBRUARY 26, 2024

Surging sales ahead of interest rate cuts pose unexpected hurdles

88

88

BiggerPockets

FEBRUARY 26, 2024

Dave Ramsey is famous for his personal finance tips, most of which revolve around cutting expenses and adopting more frugal habits. That's great and sound advice, but it won't make you "rich." This is what you should do instead.

Finance 92

Finance 92

Mortgagebroker News

FEBRUARY 26, 2024

National Bank analyst sees a clear path to the 2% target within months

81

81

BiggerPockets

FEBRUARY 26, 2024

Want to build a real estate business?

Real Estate 91

Real Estate Investing Business 91